Truffle Hound Capital LLC Invests $3.34 Million in Douglas Elliman Inc. (NYSE:DOUG)

Truffle Hound Capital LLC bought a new position in shares of Douglas Elliman Inc. (NYSE:DOUG - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 2,000,000 shares of the company's stock, valued at approximately $3,340,000. Douglas Elliman makes up approximately 1.2% of Truffle Hound Capital LLC's investment portfolio, making the stock its 24th biggest position. Truffle Hound Capital LLC owned approximately 2.24% of Douglas Elliman at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Virtu Financial LLC acquired a new stake in shares of Douglas Elliman in the 4th quarter valued at $51,000. Quantbot Technologies LP acquired a new stake in shares of Douglas Elliman in the 4th quarter valued at approximately $77,000. First Eagle Investment Management LLC boosted its position in shares of Douglas Elliman by 436.1% during the fourth quarter. First Eagle Investment Management LLC now owns 1,126,312 shares of the company's stock worth $1,881,000 after purchasing an additional 916,210 shares in the last quarter. Atria Investments Inc grew its stake in Douglas Elliman by 39.6% in the fourth quarter. Atria Investments Inc now owns 28,529 shares of the company's stock valued at $48,000 after acquiring an additional 8,095 shares during the period. Finally, US Bancorp DE increased its stake in Douglas Elliman by 36,851.9% during the 4th quarter. US Bancorp DE now owns 19,954 shares of the company's stock worth $33,000 after purchasing an additional 19,900 shares in the last quarter. 59.56% of the stock is owned by institutional investors.

Douglas Elliman Stock Down 1.4 %

Shares of DOUG traded down $0.03 during midday trading on Wednesday, hitting $1.83. The stock had a trading volume of 322,653 shares, compared to its average volume of 893,593. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.62 and a quick ratio of 4.62. The firm has a market cap of $161.95 million, a price-to-earnings ratio of -1.77 and a beta of 1.56. Douglas Elliman Inc. has a twelve month low of $1.00 and a twelve month high of $2.98. The company has a 50 day simple moving average of $1.85 and a two-hundred day simple moving average of $1.87.

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Douglas Elliman (NYSE:DOUG - Get Free Report) last posted its quarterly earnings results on Tuesday, March 11th. The company reported $0.03 earnings per share for the quarter, topping the consensus estimate of ($0.08) by $0.11. The firm had revenue of $243.32 million for the quarter. Douglas Elliman had a negative return on equity of 22.85% and a negative net margin of 8.81%.

Douglas Elliman Profile

Douglas Elliman Inc owns Douglas Elliman Realty, LLC, operating as a residential brokerage company in the United States with operations in New York, Florida, California, Texas, Colorado, Nevada, Massachusetts, Connecticut, Maryland, Virginia and Washington, DC In addition, Douglas Elliman sources, uses and invests in early-stage, disruptive property technology (“PropTech”) solutions and companies and provides other real estate services, including development marketing, property management and settlement and escrow services in select markets.